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PMMI update

Market making for leverage products

Compared to the previous month, BNP Paribas was able to maintain the level of its market making quality in July, thereby also retaining its fourth place in the PMMI (Payoff Market Making Index).

The Payoff Market Making Index measures the spread (bid ask spread), tradeable volume and quote availability of structured products offered on SIX Swiss Exchange and thus serves as a benchmark for market-making qualities of the individual issuers.
A value above 80 points is considered sufficient, values below 80 points are insufficient.

Graph PMMI July 2025
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